New Delhi: India’s overall exports (Merchandise and Services combined) in February 2022 are estimated to be $57.03 billion, exhibiting a positive growth of 25.41 per cent over the same period last year and a positive growth of 27.07 per cent over February 2020.
Overall imports in February 2022 are estimated to be $69.35 billion, exhibiting a positive growth of 35.64 per cent over the same period last year and a positive growth of 44.62 per cent over February 2020, the Ministry of Commerce & Industry, stated here today.
*Trade during February 2022
India’s overall exports (Merchandise and Services combined) in April-February 2021-22 are estimated to be $601.77 billion, exhibiting a positive growth of 36.19 per cent over the same period last year and a positive growth of 23.44 per cent over April-February 2019-20.
Overall imports in April-February 2021-22 are estimated to be $683.01 billion, exhibiting a positive growth of 51.51 per cent over the same period last year and a positive growth of 21.66 per cent over April-February 2019-20.
Trade during April-February 2021-22*
MERCHANDISE TRADE
- Merchandise exports in February 2022 were $34.57 billion, as compared to $27.63 Billion in February 2021, exhibiting a positive growth of 25.10 per cent. As compared to February 2020, exports in February 2022 exhibited a positive growth of 24.60 per cent.
- Merchandise imports in February 2022 were $55.45 billion, which is an increase of 36.07 per cent over imports of $40.75 Billion in February 2021. Imports in February
Merchandise Trade during February 2022* 2022 have registered a positive growth of 46.28 per cent in comparison to February 2020.
- The merchandise trade balance for February 2022 was estimated at $(-) 20.88 billion as against $(-) 13.12 billion in February 2021, which is a decline of (-) 59.18 per cent. As compared to February 2020 ($(-) 10.16 billion), the trade balance in February 2022 exhibited a negative growth of (-) 105.45 per cent.
Merchandise exports for the period April-February 2021-22 was $374.81 billion as against $256.55 billion during the period April-February 2020-21, registering a positive growth of 46.09 per cent. As compared to April-February 2019-20, exports in April-February 2021-22 exhibited a positive growth of 28.42 per cent.
Merchandise imports for the period April-February 2021-22 was $550.56 billion as against $345.54 billion during the period April-February 2020-21, registering a positive growth of 59.33 per cent. Imports in April-February 2021-22 have registered a positive growth of 24.21 per cent in comparison to April-February 2019-20.
The merchandise trade balance for April-February 2021-22 was estimated at $(-) 175.75 billion as against $ (-) 88.99 billion in April-February 2020-21, which is a decline of (-) 97.51 per cent. As compared to April-February 2019-20 ($(-) 151.37 billion), the trade balance in April-February 2021-22 exhibited a negative growth of (-) 16.11 per cent.
Non-petroleum and non-gems & jewellery exports in February 2022 were $26.75 billion, registering a positive growth of 19.01 per cent over non-petroleum and non-gems and jewellery exports of $22.48 billion in February 2021 and positive growth of 25.72 per cent over non-petroleum and non-gems & jewellery exports of $21.28 billion in February 2020.
Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports were USD 31.70 Billion in February 2022 with a positive growth of 32.04 per cent over Non-petroleum, non-gems & jewellery imports of USD 24.01 Billion in February 2021 and a positive growth of 42.72 per cent over Non-petroleum, non-gems and jewellery imports of $22.21 billion in February 2020.
Trade excluding Petroleum and Gems and Jewellery during February 2022*
Non-petroleum and non-gems and jewellery exports during April-February 2021-22 were $283.99 billion, an increase of 33.99 per cent over non-petroleum and non-gems & jewellery exports of $211.95 billion in April-February 2020-21 and an increase of 29.55 per cent over non-petroleum and non-gems and jewellery exports of $219.22 billion in April-February 2019-20.
Non-petroleum, non-gems & jewellery (gold, silver and precious metals) imports were $332.94 billion in April-February 2021-22, recording a positive growth of 44.82 per cent, as compared to Non-petroleum, non-gems & jewellery imports of $229.89 billion in April-February 2020-21 and positive growth of 22.38 per cent over $272.05 billion in April-February 2019-20.
SERVICES TRADE
- The estimated value of services export for February 2022* is $22.46 billion, exhibiting a positive growth of 25.90 per cent vis-a-vis February 2021 ($17.84 billion) and positive growth of 31.06 per cent vis-à-vis February 2020 ($17.14 billion).
- The estimated value of services import for February 2022* is $13.91 billion exhibiting a positive growth of 33.95 per cent vis-à-vis February 2021 ($10.38 billion) and positive growth of 38.39 per cent vis-à-vis February 2020 ($10.05 billion).
- The services trade balance in February 2022* is estimated at $8.56 billion, which is an increase of 14.69 per cent over February 2021 ($7.46 billion) and an increase of 20.68 per cent over February 2020 ($7.09 billion).
- The estimated value of services export for April-February 2021-22* is $226.96 Billion, exhibiting a positive growth of 22.49 per cent vis-a-vis April-February 2020-21 ($185.29 billion) and positive growth of 16.02 per cent vis-à-vis April-February 2019-20 (USD 195.63 Billion).
- The estimated value of services imports for April-February 2021-22* is $132.45 billion exhibiting a positive growth of 25.83 per cent vis-à-vis April-February 2020-21 ($105.26 billion) and positive growth of 12.07 per cent vis-à-vis April-February 2019-20 (USD 118.18 Billion).
- The services trade balance for April-February 2021-22* was estimated at $94.51 billion as against $80.03 billion in April-February 2020-21, which is an increase of 18.09 per cent. As compared to April-February 2019-20 ($77.45 billion), net of services in April-February 2021-22* exhibited a positive growth of 22.03 per cent.
– global bihari bureau
